Uniplan Investment Counsel Inc. Makes New Investment in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB)

Uniplan Investment Counsel Inc. acquired a new position in shares of Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,945 shares of the transportation company's stock, valued at approximately $1,850,000. Uniplan Investment Counsel Inc. owned approximately 0.06% of Grupo Aeroportuario del Centro Norte at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. State Street Corp raised its stake in shares of Grupo Aeroportuario del Centro Norte by 6.6% in the third quarter. State Street Corp now owns 316,425 shares of the transportation company's stock worth $21,460,000 after purchasing an additional 19,683 shares during the last quarter. Barclays PLC purchased a new position in shares of Grupo Aeroportuario del Centro Norte during the 3rd quarter valued at about $72,000. Sanders Morris Harris LLC lifted its holdings in Grupo Aeroportuario del Centro Norte by 8.8% during the fourth quarter. Sanders Morris Harris LLC now owns 3,700 shares of the transportation company's stock valued at $257,000 after purchasing an additional 300 shares in the last quarter. SG Americas Securities LLC bought a new position in Grupo Aeroportuario del Centro Norte in the 4th quarter worth $116,000. Finally, Fifth Third Bancorp bought a new position in shares of Grupo Aeroportuario del Centro Norte in the fourth quarter worth about $48,000. 9.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised their target price on shares of Grupo Aeroportuario del Centro Norte from $94.00 to $99.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Grupo Aeroportuario del Centro Norte presently has a consensus rating of "Hold" and an average price target of $82.50.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of NASDAQ OMAB traded down $0.02 during mid-day trading on Friday, hitting $90.13. 61,988 shares of the company's stock traded hands, compared to its average volume of 69,221. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. has a 1 year low of $59.08 and a 1 year high of $92.39. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. The company's 50-day moving average is $79.23 and its two-hundred day moving average is $73.94. The company has a market capitalization of $3.83 billion, a P/E ratio of 15.90 and a beta of 0.88.

Grupo Aeroportuario del Centro Norte Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.